TIPS FOR KITCHEN AND B CHEN AND BATH
When making upgrades to kitchen and bath, be aware of what constitutes a substantial investment. The key is to consider the mass appeal for the sake of resale value. Let's say one homeowner decided to add a backsplash and more cabinet space in the kitchen and then updated the appliances and refinished the oak flooring. Total cost was $3,000. The seller kept the price comparable to sales in the area and ended up selling for $17,000 more than the asking price because interested buyers started a bidding war! The lesson here? You don’t need to bust your budget to sell your home, but you do want to have mass appeal. Kitchens are pivotal in home appeal.
ENERGY-SAVING UPGRADES TO LOWER UTILITY BILLS
More and more buyers are looking for homes that reduce consumption and save them money on utility expenses. • Install an energy-saving smart thermostat (less than $300, sometimes just $200 for a good-quality one; check Nest brand thermostats) that saves on utility bills.
MAKING A CASE FOR SPACE
When people accumulate an abundance of possessions, they need space to store it. They also want a way to clear the clutter. According to the Canadian Real Estate Association® (CREA), most home buyers would have preferred improved and greater
39
Powered by FlippingBook